Italian startup Shampora raises €3 million to expand its platform for personalised beauty products – Tech.eu

Italian startup Shampora raises €3 million to expand its platform for personalised beauty products  Tech.eu
“startups when:1d” – Google News

UK fintech startup Modulr raises €10M from PayPal Ventures to develop more products, hire, & expand

Modulr

Modulr, a UK and Ireland-based fintech startup has secured £9M (nearly €10.1M) investment from PayPal Ventures to develop additional products, grow its team and expand its customer base.

Investment from PayPal Ventures 

Modulr is the Payments-as-a-Service API platform for digital businesses that can integrate into any product or system. It enables digital businesses and software platforms across lending, banking, fintech, travel, employment services and accounting to embed and build new payment products and services within their customer journey.

It claims to help businesses automate payment flows, embed payments into their platforms and build entirely new payment products and services themselves.

Myles Stephenson, CEO of Modulr says, “This investment marks an important milestone for Modulr’s modern payments infrastructure. Modulr lowers the barriers to bringing payments into a platform, creating endless new possibilities for our customers while allowing them to focus on their core competencies. The investment from PayPal Ventures enhances our ability to execute on that vision.” 

Growth during pandemic 

Modulr is tapping into the massive business to business payments digitisation opportunity by working with platforms that serve small and medium-sized businesses. While 2020 has been a tough year for many companies due to the economic downturn caused by the pandemic, Modulr witnessed a breakout year, claims the company. It appears to have signed up a slew of large enterprise customers during the tough time. 

Recent developments

Recently, Modulr secured an electronic money institution (EMI) licence from the Central Bank of Ireland for its Dublin-based entity, Modulr FS Europe Limited, (hereafter referred to as Modulr Europe). It also became a directly connected participant of the Bacs scheme, alongside direct participation in the Faster Payments scheme, enabling the company to settle and hold funds at the Bank of England.

According to the company, in total, Modulr has raised £63.3M (nearly €71.1M) including investment from PayPal Ventures, Highland Europe, Frog Capital, Blenheim Chalcot and a £10M (approx €11.23) grant from the Capability and Innovation Fund. 

Modulr has grown to process more than £40B (approx €44.29B) worth of payments for customers including Sage, Revolut, and Paxport through its platform which has an uptime of 99.999%. It is based in London, Edinburgh, and Dublin.

Image credit: Modulr

Startups – Silicon Canals

I want to build a very small niche SAAS product on my own and sell it through a subscription model. Do you have any advice on what software I could use to sell and manage the subscriptions, and how much effort and overhead will be involved in selling products this way?

I am a software developer who wants to build an own product besides my job. I intend (as described in the title) to sell this product through a Subscribed Model. Unfortunately I have no idea what kind of legal, administrative and long term support effort this will involve. Is it even possible to do this on my own? Besides, I don't have a lot of starting capital and I don't expect my product to have huge sales. I just want to create a useful product which maybe will get my some passive income.

Do you have any experience in setting up SAAS products? Are there perhaps similar simpler models for selling small products?

submitted by /u/Paddyhallek
[link] [comments]
Startups – Rapid Growth and Innovation is in Our Very Nature!

Competition encourages Sarawak startup entrepreneurs to come up with creative products – The Borneo Post

Competition encourages Sarawak startup entrepreneurs to come up with creative products  The Borneo Post
“startups when:1d” – Google News

Telefónica intoduces Wayra X, its online global hub for investments in startups with mass consumer digital products – WebWire

Telefónica intoduces Wayra X, its online global hub for investments in startups with mass consumer digital products  WebWire
“startups when:1d” – Google News

Feedback Fridays – A Friendly Feedback Exchange For Ideas and Products

Welcome to this week’s Feedback Thread. This is the place to request feedback on your ideas and products.

Be sure to give feedback if you are requesting feedback. Equivalent exchange goes a long way towards reaching your own goals and it makes for a stronger community.

Please use the following format:

URL:

Purpose of Startup:

Technologies Used:

Feedback Requested:

Additional Comments:

Post your site along with your stack and technologies used and receive feedback from the community. Please refrain from just posting a link and instead give us a bit of a background about your creation.

Feel free to request general feedback or specific feedback in a certain area like user experience, usability, design, or code review.

You can also find more support using instant chat on the /r/startups discord.

submitted by /u/AutoModerator
[link] [comments]
Startups – Rapid Growth and Innovation is in Our Very Nature!

Telefónica introduces Wayra X, its online global hub for investments in startups with mass consumer digital products – BNamericas English

Telefónica introduces Wayra X, its online global hub for investments in startups with mass consumer digital products  BNamericas English
“startups when:1d” – Google News

Does anyone have experience with wholesale paper/plastic products for restaurants, etc? Would appreciate any help.

Running logistics for chemical/commercial supply business that will deliver clients disposable paper (TP, PT, Nap, etc) and plastic products (12oz disp. cups, ramicans, trashbags, straws) to restaurants and other industrial businesses in AZ. Now the main problem I'm facing is whether to buy these products from a distributor, who buys from the manufacturer, or get everything shipped to me and store it. If I was to get it shipped, I'd have no idea where to look. If anybody has any ideas or helpful advice it'd be greatly appreciated and would really be helping a young entrepreneur out.

submitted by /u/jackyvbaby
[link] [comments]
Startups – Rapid Growth and Innovation is in Our Very Nature!

School and Campus Security Market 2020-2026 | Comprehensive Study COVID19 Impact Analysis | Worldwide Key Players: Honeywell Security Group (US), Cisco Systems Inc (US), Pelco Products Inc (US), Axis Communications. (Sweden), Plustek Inc (US), etc. | InForGrowth – PRnews Leader

School and Campus Security Market 2020-2026 | Comprehensive Study COVID19 Impact Analysis | Worldwide Key Players: Honeywell Security Group (US), Cisco Systems Inc (US), Pelco Products Inc (US), Axis Communications. (Sweden), Plustek Inc (US), etc. | InForGrowth  PRnews Leader
“sweden startups when:7d” – Google News